As part of the assistance provided by the United States Government for individuals in challenging circumstances, all those enrolled in the Supplementary Security Income (SSI, as denoted in English) will receive a payment of up to 967 dollars on the upcoming 1st of April.
According to the Social Security Administration (SSA), this benefit is designated for individuals suffering from severe disabilities that impact their financial situation, along with elderly individuals who have minimal or no income.
Eligibility Criteria for Individuals with Disabilities
For persons with disabilities, the SSI outlines the following criteria for eligibility for this financial assistance:
- Having a physical or mental condition that significantly restricts daily activities for a duration of at least 12 months.
- Being partially sighted or fully blind.
Variations in Payment Amount
As stated by the SSA, the total amount of this payment may differ based on various factors. Initially, individuals can receive up to 967 dollars monthly. For joint applications, the payment may rise to 1,450 dollars per month.
The SSI determines the payment amount based on the following considerations:
- Earnings from Work: This includes formal employment, self-employment, and any other income-generating activities. For every 2 dollars earned, 1 dollar will be deducted from the SSI payment.
- Non-Work Income: For every dollar received, 1 dollar will also be deducted from the SSI payment. This applies to disability benefits, unemployment compensation, and pensions.
Moreover, the SSA offers an online calculator allowing beneficiaries to determine their precise payment amount.
It is important to highlight that a spouse’s income might also influence social security payments if the couple lives together.
Increase in SSI for 2024
The SSI payment, as mentioned by the SSA, has increased with respect to 2024, largely due to inflation in the United States, resulting in a 2.5% increase compared to the previous year.
It is also crucial to understand that SSI payments are separate from regular Social Security benefits. Therefore, recipients of this aid are not eligible for SSA checks, and vice versa.
*This article has been automatically translated using artificial intelligence
